NY Yankees trying to block subpoena for team business records, warn of $5M cost to taxpayers

NY Yankees: Subpoena will cost more than $5M

ALBANY, N.Y. — New York Yankees officials say it would cost taxpayers more than $5 million if the team is forced to provide internal records sought by lawmakers looking into public financing of the club’s new stadium.

Assemblymen Richard Brodsky, a Westchester Democrat, and James Brennan, a Brooklyn Democrat, are questioning nearly $4 billion in financing they say it will ultimately cost the public to help the Yankees build the new ballpark. They say many ticket prices have been hiked beyond the reach of fans.

Speaking during a court hearing in Albany Monday, Yankees CEO Lonn Trost says 90 percent of non-suite stadium tickets cost under $100.